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Stop the press: Half of self-published authors earn less than $500

from The Guardian

Despite the splash caused by self-publishing superstars such as Amanda Hocking and EL James, the average amount earned by DIY authors last year was just $10,000 — and half made less than $500. With Hocking raking in sales of $2.5 million, Fifty Shades of Grey's James signing up to a mainstream press for a six-figure advance and a slew of deals for other self-published successes, the sector is starting to look like a gold mine for would-be authors. more

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